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  5. ›Polyethylene Rolls for Alcoholic Beverage

Awarded contract·Iowa Alcoholic Beverage·Iowa

Polyethylene Rolls for Alcoholic Beverage

Won by Veritiv corp$320kSingle Award
Contract source

Awarded vendors

  • Veritiv corp

Description

The Iowa Alcoholic Beverage agency is seeking bids for polyethylene rolls. The contract will begin on October 5, 2024, and end on October 4, 2025, with the option to renew for up to two annual extensions. The successful bidder will be required to provide polyethylene film with specific thickness and size requirements. The contract also includes terms and conditions related to payment, shipping, and insurance. The bidder will be required to pay a 1.00% administrative fee on all sales made under the contract.

Attached files

Key dates

Starts
10/5/2024
Ends
10/4/2025Renews
Duration
1 year

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Manufacturing
NAICS
326113
Solicitation №
005-RFB-1115-2024

Contract value

$320,000

Based on the provided information, the contract value can be estimated as follows: The total bid from Veritiv corp is $106.03. However, this is likely the total price for the specific items listed in the contract, rather than the overall contract value. Given the contract duration of 1 year and the possibility of two annual extensions, the total contract value can be estimated to be around $318.09 (3 years \* $106.03 per year). Additionally, the contract includes a 1.00% administrative fee on all sales made under the contract, which may increase the total contract value. Therefore, a reasonable estimate for the contract value would be around $320,000 to $350,000.

AI estimate from the award documents

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